How to Digitally Transform Your Commercial Real Estate Brokerage
Digital transformation is the goal of businesses everywhere. How can you bring it to your commercial real estate brokerage? As business technology booms, industries everywhere look for ways to leverage them. The phrase “digital transformation” is everywhere, promising a complete renovation of the workplace and business practices for good. When it comes to real […]
How to Find Out Who Owns a Property in California
Many experts believe that California’s commercial real estate industry has ample room for growth over the next several years. A report from Deloitte shows that many companies realize they need to prepare for unexpected interruptions, such as those caused by the coronavirus pandemic. Buying and improving commercial real estate, therefore, could make it possible for investors […]
Understanding the Commercial Foreclosures Process
It’s not uncommon for businesses to fall into financial hardship. Falling behind on a mortgage payment can happen to businesses, too. Failing to meet a mortgage payment date or violating the terms of the loan in some other manner is a default. When a default occurs, a lender usually begins a foreclosure proceeding in an […]
Understanding Predictive Analytics in Real Estate
Making the right decisions in real estate can have a crucial influence on how much money you make. Agents who make bad decisions tend to have low incomes. Those who make excellent choices tend to earn a lot of money that sets them up for future successes. You don’t necessarily need “gut instincts” to perform […]
5 Things To Know About Commercial Real Estate Investing In 2021
2020 was a rough year for the commercial real estate sector. The need for social distancing led to a distressing domino effect. It left businesses temporarily or permanently shuttered, and landlords unable to collect an income. While we’re not completely out of the woods yet, there’s some light at the end of the COVID-19 tunnel. […]
7 Challenges Facing CRE Brokers (and How to Overcome Them)
Usually, the challenges that face CRE brokers remain unchanged from year to year. While some of the challenges that made our list are probably not new to you if you’re an established broker, 2020 changed the landscape — for new and established brokers. The following seven challenges facing CRE brokers reflect the unprecedented upheaval felt […]
How to Find Out Who Owns a Property in New York
The commercial real estate market has changed a lot since the beginning of 2020. The prices of retail spaces have fallen significantly. Office spaces have fallen some, but they should recover quickly. It’s difficult to predict how multi-family housing will change over the next few years as real estate investors decide whether to keep their properties or […]
4 Commercial Real Estate Marketing Tips for 2021
The most effective approaches to commercial real estate marketing can change quickly as technology evolves and business owners adapt to consumer needs. Keeping up with the latest trends can feel challenging. But you can’t let a few barriers prevent you from growing your agency. Follow these commercial real estate marketing tips for 2021 to reach […]
Everything You Need to Know About the Triple Net Lease
Triple net lease is a word tossed around a lot these days, by commercial real estate (CRE) professionals. If you’ve never heard the term—don’t worry. We’re going to take you through the ins and outs of triple net leases—also known as NNN leases—below. What’s a Triple Net Lease? There are various lease types in commercial […]
How to Create a Broker Price Opinion (BPO) in CRE
Nearly everyone has heard the term real estate appraisal, which is a property value assessment that takes a property’s condition, location, and other relevant factors into account. Appraisals are useful for sellers, so they know how much to ask for a property, and for buyers, so they know if they’re getting a good deal in […]